Quote:
Originally Posted by yanks12025
I cut the page off, but it goes into affect next month I guess.
But this could be a huge problem. If you don’t like someone, you can just buy their item and then ask for a refund and then screw them over on the fees.
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I see now that on May 7th that this change will go into effect. I typically complete a few refunds daily for overpayments in s/h (due to the buyer checking out multiple times instead of once). I already do not refund back the 10% ebay charges for a s/h FVF, so with this PP change I will now refund 3% less back for overpayments. 99% of my refunds are for this reason.
However, I agree that someone being spiteful could simply request a refund to cost the seller their 3% back in fees. If it is obvious that this is the reason for the refund, a trip to the BBL will follow.
Announcements like this from paypal seem to continue to drive their stock price, so probably more changes coming in the months to come. At least the change was not an increase in the existing fees though.